Quote by Milton Friedman
Inflation is the one form of taxation that can be imposed without

Inflation is the one form of taxation that can be imposed without legislation. – Milton Friedman

Other quotes by Milton Friedman

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. – Milton Friedman

Category:
Government
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So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. – Milton Friedman

Category:
Government
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Other Quotes from
Inflation
category

In spite of the cost of living, its still popular. – Kathleen Norris

Category:
Inflation

Remember when $25, 000 was a success? Now it is a garbage collector. – Frank Dane

Category:
Inflation

Imagine believing in the control of inflation by curbing the money supply! That is like deciding to stop your dog fouling the sidewalk by plugging up its rear end. It is highly unlikely to succeed, but if it does it kills the hound. – Michael D. Stephens

Category:
Inflation

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. – John Maynard Keynes

Category:
Inflation

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Suicide is possible, but not probable hanging, I trust, is even more unlikely for I hope that, by the time I die, my countrymen will have become civilised enough to abolish capital punishment. – Laurence Housman

Category:
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Self-destruction is the effect of cowardice in the highest extreme. – Daniel Defoe

Category:
Self

To be successful in life what you need is education, not literacy and degrees. – Munshi Premchand

Category:
Education

There is no excellence without labor. One cannot dream oneself into either usefulness or happiness. – Liberty Hyde Bailey

Category:
Happiness